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ZIP Code 56587

Otter Tail, Minnesota

FIPS 56587

Juniper

ZIP Code 56587 is in the top 14% nationally for HPI growth 5yr %, but in the bottom 23% nationally for price-to-income ratio. It also sits in the 78th percentile nationally for median home value. And it sits in the top 34% nationally for appreciation 1yr %.

Median Home Value

$367,600

Higher than 78% of U.S. ZIP codes

HPI Growth 5yr %

60%

Higher than 86% of U.S. ZIP codes

FEMA Risk Score

76.8

Higher than 66% of U.S. ZIP codes

The basics

Total Population

1,339

Median Age

56.9

Home values & property tax

Ranked against U.S. ZIP codes.

Median Home Value

$367,600

Higher than 78%

Median Property Tax

$2,837

Effective Tax Rate

1%

Cost of living & affordability

Ranked against U.S. ZIP codes.

Price-to-Income Ratio

4.18

Higher than 77%

Median Rent

$836

Lower than 56%

Home prices & appreciation

Ranked against U.S. ZIP codes.

HPI Growth 5yr %

60%

Higher than 86%

Appreciation 1yr %

0.12%

Higher than 66%

Pandemic Gain %

46%

Recession Drop %

-7.8%

Climate & weather

Ranked against U.S. ZIP codes.

Summer Avg High (°F)

77.5

Winter Avg Low (°F)

0.7

Avg Temperature (°F)

40.1

Hot Days/yr (>90°F)

7.3

Freezing Days/yr (<32°F)

176.9

Annual Precipitation (in)

27.7

Annual Snowfall (in)

54

Flood & disaster risk

Ranked against U.S. ZIP codes.

FEMA Risk Score

76.8

Higher than 66%

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Environment & Risk

ZIP Code 56587: frequently asked questions

What is the median home value in ZIP Code 56587?
The median home value in ZIP Code 56587 is $367,600, higher than 78% of U.S. ZIP codes.
How much is property tax in ZIP Code 56587?
The median annual property tax in ZIP Code 56587 is $2,837, an effective rate of 1% of home value.
Is ZIP Code 56587 expensive to live in?
Homes in ZIP Code 56587 cost about 4.18× the median household income, higher than 77% of U.S. ZIP codes.
What is the average rent in ZIP Code 56587?
The median gross rent in ZIP Code 56587 is $836 a month, lower than 56% of U.S. ZIP codes.
How much have home prices grown in ZIP Code 56587?
Home prices in ZIP Code 56587 have moved 60% over the past five years (0.12% in the past year), per the FHFA House Price Index.
What is the weather like in ZIP Code 56587?
ZIP Code 56587 averages 40.1°F year-round, summer highs near 77.5°F, winter lows around 0.7°F (NOAA 1991–2020 normals). It sees about 54 inches of snow a year.
Is ZIP Code 56587 at risk of flooding or natural disasters?
ZIP Code 56587's FEMA National Risk Index score is 76.8 (higher than 66% of U.S. ZIP codes). Its greatest modeled natural hazard is tornado.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap, EPA. Explore the map →